Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	All cash purchases and cash sales are recorded in:	Sales book Purchases book Both a & b Cash book
2	Journal shows all necessary information regarding.	The document A transaction The accounting Meeting
3	Accounts relating to persons of firms are called:	Real accounts Proprietary accounts Personal accounts Nominal accounts
4	Events which are related with money are called:	Monetary events Non - monetary events None-social events Political events
5	The recording of transaction chronologically in the book of accounts is called:	Summarizing Classifying Recording None of above

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